How To Buy or Sell A Business

HOW TO SELL MY BUSINESS

How T Sell My BusinessWe get asked the question all the time… “how to sell my business fast.” The truth is that it depends…  The more prepared the business is for sale, the faster it will sell. Financial records and all documentation must be in order and available for the buyer’s due diligence. It has always been challenging to sell a business, and it has gotten harder because buyers are more demanding and want more information. Business brokers are often used to assist in selling a business but only achieve success 40% of the time. We use a multi-prong approach to find buyers, including advertising on the busiest business-for-sale websites like bizbuysell and Bizquest. We also use social media and SEO to find qualified buyers.  

 

How To Sell My Business For What It’s Worth

Knowing how much a business is worth is the most important fact to have when selling a company. So many businesses fail to sell because the price isn’t realistic. The price is too high, and you will never get an offer or any serious consideration. The price is too low, and you will leave money on the table. The biggest factor affecting the sales price of any business will be earnings. There are many ways to value a business, but earnings will always carry the most weight. Selling a business requires proper preparation and a systematic approach to be successful.

 

Selling A Company Has Changed

Business brokers are often used to help get businesses sold. Unfortunately, the world has changed, and most business brokers haven’t changed with the times. Business Brokers charge too much and deliver too little. Brokers fail more than half the time to get a business sold. Every business can be sold with the right preparation, advertising, and marketing. Some companies will require more work than others to be sold. Failure to properly prepare your business for sale will lead to a much lower sales price or your company may never sell. Difficult economic times can make selling a business even more challenging, but a systematic approach works in the most extreme conditions. Schedule a call with us or get a FREE preliminary appraisal, so you know how much your business will sell for in today’s market. We only need a few pieces of information to determine the price at which your company will likely sell. Call or book a time if you have questions about how to exit your business for the most money.

Join the Bizprofitpro Business Community

Join our community if you want to buy or sell a business. We match qualified buyers and sellers to create a win-win for both parties. Become part of our community and access the latest business opportunities before they are listed publicly.  Interest rates are still at historic lows. Don’t wait for rates to hit double digits; there may be no better time than now to buy a business.